Sea Isle City, NJ Economy


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Sea Isle City, NJ is a popular beach town located in the heart of Cape May County. It boasts miles of pristine beaches for swimming, surfing, fishing, and sunbathing along with an abundance of shopping and dining opportunities. The two bedroom rent cost in Sea Isle City is higher than the US average at $1960 versus $1430, however the grocery cost index is lower than the US average at 116 versus 100. Popular local companies include Diversey's Market offering fresh seafood daily, Fisherman's Wharf offering boat rentals year-round, John's Pizza serving up delicious Italian dishes, and Yum Yum Ice Cream shop offering sweet treats all season long. There are also many recreational activities such as golfing, biking trails, waterparks, arcades and more to enjoy in this charming town.

Sea Isle City has an unemployment rate of 12.5%. The US average is 6.0%.

Sea Isle City has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Sea Isle City
- The Sales Tax Rate for Sea Isle City is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Sea Isle City is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sea Isle City
- The average income of a Sea Isle City resident is $48,410 a year. The US average is $28,555 a year.
- The Median household income of a Sea Isle City resident is $86,359 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySea Isle City, New JerseyUnited States
  12.56
  -8.5%-6.2%
  19.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $61,445$37,638
  $86,359$69,021
  $106,556$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.6%6.8%
  2.3%10.0%
  4.5%2.5%
  7.6%11.0%
  1.6%4.8%
  0.0%0.8%
  3.3%1.9%
  4.3%4.7%
  9.6%1.9%
  9.3%7.6%
  0.0%0.1%
  2.2%4.2%
  15.9%9.3%
  11.8%14.0%
  2.2%2.1%
  10.8%7.0%
  2.2%4.8%
  3.3%4.7%
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